Private-Sector Approaches to Financing Long-Term Services and Supports

Private-sector approaches for financing long-term services and supports (LTSS) must be part of a comprehensive LTSS financing strategy. These include private long-term care insurance (LTCI)hybrid policies that link LTCI coverage to traditional life and annuity policies, public-private partnerships, life insurance products with accelerated insurance benefits paid from the death benefit, and reverse mortgages.